White House Memo: A Moment of Opportunity for Fiduciaries to Retirement Plans

If you think we’re letting go of the “fumbling children” reference made by FSI chairman Adam Antoniades, you have another thing coming. He reminds me of the proud “Minnesota Fats” character in the classic film The Hustler— he doesn’t want to recognize the truth and talent of the situation he’s faced with by “Fast Eddie” […]

Not that Complicated

In any fight, there are two sides waving their arms around. The Financial Services Institute, or FSI, states in response to a recent White House memo that changing the way the delicate fiduciary system is run will ruin everything. The Financial Services Institute, or FSI, is in opposition to redefining the Fiduciary Standard as it […]

What’s Going On?

A fiduciary duty, the obligation to uphold the clients’ interest above all else, is Phyllis Borzi’s long sought and tunneled for goal that we at Castle Rock uphold and agree whole-heartedly with. Together, our standards are the highest in the retirement industry. She says that, like in the movie Groundhog Day, bad policies keep being […]

In-plan Roth Rollovers: the latest topic

Get out your red pen, folks: serious revisions to the rollover options for your plan. Today we’re looking at how you will need to revise your Plan Document in order to offer in-plan Roth rollovers and a few highlights. In-plan Roth rollovers of otherwise non-distributable amounts are treated as eligible rollovers, meaning that no withholding […]

Much Ado About Fracking

On Tuesday, September 17th, I attended a luncheon with the Denver Association of Business Economists (DABE) to hear Garret Nülle, an expert in Oil and Gas Economics speak. Mr. Nülle presented us with a comprehensive overview of the field, including projections of where fracking will go in the future. A few days later, I met […]

What if the global currency market stops using the dollar?

For a more extensive response to this question, click here. Some people fear that the US dollar will stop being so popular, and that will cause an intolerable rise in inflation.  If the US is to experience intolerable inflation, it will likely be as a result of both domestic and international forces; therefore, the international role […]

How the World Sees the Dollar

Let’s talk about dollars. In response to interest by our clients and readers, we will develop an explicative account of the dollar’s role in world trade and exchanges. Our series about the role of the dollar among different parties, such as global investors, traders, and other economic actors, is the beginning of an ongoing pursuit […]